Business

Ezdan, Mazaya to be included in QE index 18 Sep 2014 - 07:25 am

DOHA: Ezdan Holding and Mazaya Qatar will replace Al Khaliji Commercial Bank and Al Meera in Qatar Exchange (QE) index. Ezdan Holding joins...

Qatar keen on seeking foreign investments 18 Sep 2014 - 07:24 am

DOHA: Qatar’s ambassador to the United States Mohammed Jaham Al Kuwari has stressed that Qatar is seeking to diversify its national economy by...

$70,000 fine for former CEO of IFSQ 18 Sep 2014 - 07:23 am

DOHA: The QFC Regulatory Authority yesterday announced that it has fined Mark Philip Recardo, former CEO of a top financial services company, a...

Water scarcity hits Iraq oil output revival 18 Sep 2014 - 07:22 am

DUBAI: A lack of water threatens Iraq’s plans to raise its oil output, boost its stumbling economy and become a leading producer in...

UDC to take part in Cityscape Global expo 18 Sep 2014 - 07:22 am

DOHA: United Development Company (UDC), will participate in Cityscape Global 2014 to take place from September 21 to 23 at the Dubai World...

Dolphin Energy posts production milestone 18 Sep 2014 - 07:21 am

DOHA/ABU DHABI: Dolphin Energy yesterday announced that it has reached the major production milestone of five trillion standard cubic feet (scf), since the...

Boeing considering 52 737s a month by 2018 18 Sep 2014 - 07:21 am

NEW YORK: Boeing Co appears increasingly likely to boost production of its top-selling 737 jetliners to 52 a month starting in 2018 after...

Model of airline alliances is fractured: Etihad 18 Sep 2014 - 07:20 am

ABU DHABI: The head of Abu Dhabi’s Etihad Airways dismissed global airline alliances pursued by some rivals as a ‘fractured’ model showing signs...

S&P downgrades Venezuela over default risk 18 Sep 2014 - 07:20 am

CARACAS: Ratings agency Standard & Poor’s lowered Venezuela’s credit rating one notch to CCC+, saying “continued economic deterioration” put it at risk of...

QE index edges up, market cap increases 18 Sep 2014 - 07:20 am

Doha: Qatar Exchange index gained 27.38 points or 0.19 percent when trading closed at 14,165.05 points here yesterday. The market capitalisation increased to...

Americana shareholder reviewing stake 18 Sep 2014 - 07:20 am

DUBAI: Kuwait Food Co (Americana) asked for its shares to be suspended on the Kuwaiti bourse yesterday after its main shareholder said it...

UPS to hire up to 95,000 workers for holiday rush 18 Sep 2014 - 07:19 am

NEW YORK: US logistics giant UPS, criticised for late deliveries of Christmas presents last year, said that it has started to hire up...

Asia’s billionaires see fastest wealth growth 18 Sep 2014 - 07:19 am

SINGAPORE: Asia’s billionaires led by Chinese tycoons enjoyed the fastest increase in their wealth this year compared to their peers in the rest...

Qatari investments in Germany set to go up 18 Sep 2014 - 03:57 am

Caption DOHA: The Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim bin Mohammed Al Thani (pictured), has underscored the importance...

GDI signs QR825m contract with Keppel 17 Sep 2014 - 01:38 am

Officials during the signing ceremony. DOHA: Gulf Drilling International (GDI), a subsidiary of Gulf International Services (GIS), the largest oilfield service company in...

Qatar Petroleum International partners with Teach For All 17 Sep 2014 - 01:36 am

Wendy Kopp, CEO and Co-founder of Teach For All, and QPI CEO Nasser Al Jaidah at the ceremony. DOHA: Qatar Petroleum International Ltd...

Fifty One East gets retail sector award 17 Sep 2014 - 01:34 am

Officials and the winners at the ceremony in Doha. Doha: Fifty One East, the premium luxury retail chain in Qatar has been celebrated...

Lexus pricing under scanner 17 Sep 2014 - 01:31 am

A customer sits in a Lexus IS330C convertible in Beijing. China’s price regulator has summoned executives from Toyota Motor Corp over pricing policies...